Starbuck's home market is quickly becoming saturated and the company is now seeking aggressive global expansion. As part of this strategy, insights into the ability to establish and conduct business in India and Brazil are explored in this paper. Major findings are that establishing a corporate entity and the distribution and remittance of profits are similar, but that Starbucks will face dramatically higher taxes in India than in Brazil
India is one of the largest economies in the world with a large and rapidly growing consumer market of approximately 300 million people (Doing Business in India). India welcomes foreign investment. Although approval is required, it is automatic for most industries. The country currently has a stable parliamentary democracy. The country has experienced political stability in the past, but economic liberalization has been accepted as a necessity by all political parties in India.
Joint Venture companies are the most preferred and advantageous form of corporate entities for investment in India (Lawyer's Guide to Doing Business in India). This is because there are no separate laws for joint ventures in India. The companies incorporated in India, even with up to 100% foreign equity, are treated the same as domestic companies. Foreign companies are also free to open branches in India. However, a branch of a foreign company attracts a higher rate of tax than a subsidiary or a joint venture company. The liability of the parent company is also greater. The corporate income tax effective rate for domestic companies is 36.75% while the profits of branches in India of foreign companies are taxed at the higher rate of forty-two percent. Companies incorporated in India even with complete foreign ownership, are considered domestic companies under the Indian laws....
Despite its clear benefits and advantages in terms of ease of use and cost effectiveness, there are certain risks associated with wireless networking. These risks are discussed further below. Review of the Literature. Security Risks Associated with IEEE WLAN 802.11. The applications for wireless communication technology continue to develop and expand; today, at least, the 802.11b is the standard of choice for wireless router communication used with network installation (Gonazles & Higby
Cell Phone as an Electronic Wallet Rapid advances in technology in recent decades have brought about a dramatic change in the way people work, transact and communicate. Yet, it is widely believed that there is still ample scope for technology to make life even more convenient and efficient. For instance, the cell phone is already showing the promise of functioning as an electronic wallet. It is the purpose of this
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